Ultrawideband and cognitive radio are two of the most important approaches that are shaping the future of wireless communication systems. At a first glance, the aims of UWB and cognitive radio do not seem to be overlapping significantly, however, there is a strong synergy between the capabilities of UWB and the goals of cognitive radio. One of the objectives of this thesis is to shed the first light on the marriage of these two important approaches.Ultrawideband (UWB) is a promising technology for future short-range, high-data rate wireless communication networks. Along with its exciting features including achieving high data rates, low transmission power requirement, and immunity to multipath effects, UWB is unique in its coexistence capability with narrowband systems.In this thesis, the details of practical UWB implementation are provided. Regarding the coexistence of UWB with licensed narrowband systems, narrowband interference (NBI)avoidance and cancelation techniques in the literature are investigated. It is aimed to emphasize that UWB is a strong candidate for cognitive radio, and this fact is proven by providing two different approaches in which ultrawideband is combined with cognitive radio to maximize the performance of unlicensed communications.